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Kalshi closes 1 billion dollar funding round at a 40 billion dollar valuation co-led by Sequoia Capital and Wellington Management, Cointelegraph reports

  • Kalshi closes 1 billion dollar funding round at a 40 billion dollar valuation co-led by Sequoia Capital and Wellington Management, Cointelegraph reports — Kalshi has closed a 1 billion dollar Series G round at a 40 billion dollar valuation, up from 22 billion dollars in its May round, and says its non-sports markets now generate more than 1 billion dollars in annualized revenue. Cointelegraph, citing DefiLlama data, puts Kalshi's trading volume over the past 30 days at about 15.8 billion dollars. (Cointelegraph)

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